Viper Energy revenue and financials

VNOM · NASDAQ · USD

$41.59+1.76%+$0.72

Close · October 6, 2026

In the fiscal year ended December 2025, Viper Energy reported revenue of $1.33B (+62.18% year over year). The net loss was $68M.

Annual revenue · 2025: $1.33B
  1. $504.3M2021
  2. $865.77M2022
  3. $827M2023
  4. $817M2024
  5. $1.33B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+62.18%
2025 vs 2024
Net margin
-5.1%
2024: 43.9%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue639485411399297218217210206184194293
Cost of revenue238241-25.015.021.0-21.0—15.01.0-16.0—12.3
Gross profit639485436384276239217195205200194281
Selling, general and administrative11.013.012.010.07.06.05.05.04.05.04.01.9
Operating income428271177202106187150143153132148240
EBIT428271177202106187150143153132148240
EBITDA623477411384230254214198201179193276
Interest expense24.027.043.032.015.013.020.016.018.020.016.611.0
Pre-tax income403243-267-22391.0174130127135112132229
Income tax72.028.0-21.0-26.07.021.0-14318.012.013.06.221.9
Net income14297.0-103-77.037.075.021049.057.043.057.078.6
Net income to common shareholders14297.0-103-78.037.075.021049.057.043.057.278.5
Basic EPS0.730.54-0.61-0.520.280.622.040.520.620.490.701.11
Diluted EPS0.730.53-0.61-0.520.280.622.040.520.620.490.701.11
Average shares (basic)19418116914913112110393.791.487.581.270.9
Average shares (diluted)19418116914913112110393.791.487.781.270.9
Dividend per share0.670.680.520.580.530.570.650.610.640.59—0.57